However, the cryptocurrency market was trading mixed early into 2022. Traders are however moving back to riskier assets after a holiday break. Markets will await global cues for a sharp move in any direction.
The cryptocurrency market is always moving. The price of top digital assets like Bitcoin and Ethereum may change rapidly in a short period of time. If you want to make informed investment decisions, you must stay up to speed on recent pricing changes. In this post, we’ll look at the most recent price changes for the following digital assets:
Hedera ($HBAR)
Hedera (HBAR) is a blockchain project that aims to create a decentralized economy in which companies and people may develop dApps. The market is increasingly segmented, with each company having distinct demands. Hedera makes it easy for developers to build dApps on its platform. The platform’s popularity with developers stems from the fact that it offers superior speed, cost, and scalability.
HBAR began the year 2021 at $0.03181 and rose to a high of $0.4495 on March 15, as the crypto market rallied. The price fell to a low of $0.1559 on July 21 after the markets began to tumble. However, HBAR recovered and rallied steadily hitting an all-time high of $0.5701 on September 16th.
Despite the recent market downturn, Hedera (HBAR) has started the new year brightly, displaying indicators of recovery. The current price of HBAR is $0.3285 with a market capitalization of $6,061,953,282 and a trading volume of $220,830,059.
Decentraland (MANA)
In recent months, Barry Silbert’s backing for Decentraland (MANA) has driven the price of the cryptocurrency into the stratosphere. Since July, buyers have pushed up the value by more than 1,400 percent, with a yearly return now amounting to around 4,800 percent.
More significantly, the project has more than 385,000 followers on Twitter, demonstrating that people are genuinely interested in it. Furthermore, collaborations with initiatives like Sotheby’s and Opensea have only served to increase the game’s popularity even further. When it comes to MANA’s price, the chart is wonderful!
At the time of writing, Decentraland is exchanging hands at $3.24, with a 24-hour trading volume of $365,222,978 . It has a market capitalization of over $5.9 billion and is currently ranked at #32 on CoinMarketCap.
Axie Infinity (AXS)
The AXS token rose 16,160 percent in 2021, making it the year’s second-best performer. (That’s 162 times) As the coronavirus epidemic wreaked havoc on several countries, including the Philippines and Venezuela, many citizens in those nations were unemployed – and instead relied on Axie Infinity to earn money. The launch of Axie’s popularity helped fuel the growth of other “play-to-earn” crypto projects.
In 2021, the metaverse industry was exploding, and the pattern is expected to continue throughout 2022. The gaming platform has found itself in a position where the gaming sector is exploding. As one of the oldest gaming platforms, the initiative has room to develop even more in 2022.
At the start of the year, it appears that Axie Infinity’s price has leveled off between the $90 to $100 price range. The current live market price of AXS is $94.54 USD, with a trading volume of $195 million over the last 24 hours. CoinMarketCap ranks it as #35 at present, with a total market cap of $5.75 billion.
Bitgert (BRISE)
The price of Bitgert (BRISE) has been on a run over the past few days of 2022. Bitcoin. $BRISE has soared since its launch date at the end of July 2021.
The value of the token is increasing as a result of the project’s progress, which is making it increasingly appealing. The Bitgert team is developing a powerful payment system that also includes a cryptocurrency exchange and a strong blockchain.
The development team’s doxxing has added to the $BRISE price rise. The team has also announced the project’s registration as a legal entity in the Cayman Islands, as well as the introduction of an iOS wallet. There’s a lot going on with this project that has drawn crypto investors.
Centcex (CENX)
Another to keep an eye on in 2022 is Centcex, which is just getting started. The cryptocurrency has been on the market since mid-November 2021. The team is developing a cryptocurrency exchange that overcomes the main limitation of current exchanges: security and user experience.
However, it is the incredible benefits that may help the cryptocurrency grow in 2022. This is a coin that will appeal to many cryptocurrency investors due to its Centcex staking income offering 100% APY. Another useful feature that will get a lot of attention in 2022 is the Centcex lab. The initiative will see 3% of each sale go to fund the creation of goods that will be compatible with the platform’s ecosystem. In 2022, there are a number of significant developments planned for the roadmap.
VeChain (VET)
Many investors are unfamiliar with VeChain, one of the most popular cryptocurrencies in recent memory. The VET token quietly rose to be among the top 25 cryptocurrencies in early November.
VeChain is a blockchain platform that aims to reduce entry and aid existing businesses in digitizing their processes, creating value and resolving real-world economic issues using its comprehensive set of smart contract powered off-the-shelf solutions.
Vechain has made quite substantial highlights in 2021. The project built a government traceability platform for the unmute banner region Inner Mongolia China last year. Since 2004, the Chinese government has been focused on boosting supervision traceability and safety in its national food and beverage industries.
The Deadstock marketplace, for example, which is run by the US Custom Sneaker and Hi-Tech Streetwear Marketplace “Deadstock,” uses the project’s technology IoT solutions to verify authenticity.
We anticipate more use of the technology in 2022, making VET a good long-term investment.